Itt (ITT) Tax Rate (2009 - 2026)
Itt (ITT) posted quarterly Tax Rate of 38.28% for Q2 2026, up 1388.0% year-over-year from 2.57% in Q2 2025, and up 71.29% quarter-over-quarter from 22.35% in Q4 2025.
Itt (ITT) Tax Rate (2009 - 2026) Analysis & Trends
Itt's Tax Rate history runs 18 years deep, the most recent figure standing at 38.28% for Q2 2026.
- In Q2 2026, Tax Rate rose 1388.0% year-over-year to 38.28%; the TTM figure through Apr 2026 stood at 27.39% (up 756.0% YoY), while the FY2025 annual figure was 24.57%, up 513.0% from the prior year.
- Tax Rate for Q2 2026 stood at 38.28%, up from 22.35% in the prior quarter.
- The five-year high for Tax Rate was 38.28% in Q2 2026, with the low at 13.7% in Q4 2022.
- The 5-year median for Tax Rate is 21.54% (2024), against an average of 22.03%.
- Peak annual rise in Tax Rate reached 1511 bps in 2022, while the deepest fall reached 5459 bps in 2022.
- Itt's Tax Rate stood at 21.18% in 2022, then dropped by 2 bps to 20.7% in 2023, then dropped by 28 bps to 14.83% in 2024, then jumped by 51 bps to 22.35% in 2025, then surged by 71 bps to 38.28% in 2026.
- Business Quant data shows ITT's Tax Rate at 38.28% in Q2 2026, 22.35% in Q4 2025, and 25.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 21.13% |
| 10 | Itt | 18.67 Bn | 18.08 Bn | 510.10 Mn | 36.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 36.02% |
| Jul 4, 2026 | 36.02% |
| Jul 4, 2026 | 36.02% |
| Apr 4, 2026 | 38.28% |
| Apr 4, 2026 | 38.28% |
| Apr 4, 2026 | 38.28% |
| Dec 31, 2025 | 22.35% |
| Dec 31, 2025 | 22.35% |
| Dec 31, 2025 | 22.35% |
| Sep 27, 2025 | 25.68% |
| Sep 27, 2025 | 25.68% |
| Sep 27, 2025 | 25.68% |
| Jun 28, 2025 | 25.88% |
| Jun 28, 2025 | 25.88% |
| Jun 28, 2025 | 25.88% |
| Mar 29, 2025 | 24.39% |
| Mar 29, 2025 | 24.39% |
| Mar 29, 2025 | 24.39% |
| Dec 31, 2024 | 14.83% |
| Dec 31, 2024 | 14.83% |